. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >> bret: back outside the richie center, the top human resources official at the veterans administration resigned over another spending scandal. obama administration appointee john sepelveda quit as an inspector general report detailed abuses at v.a. summit in orlando that cost more than $6 million tax dollars. massive cuts are holding over the defense industry at the end of the year. we talked about that before. the obama administration wants contractors to hold off on layoff notices. not only that, the administration is promising something else that has republicans in an uproar in washington. fox business network correspondent rich edison explains from washington tonight. good evening. >> good evening. it's called the warn act, and it says certain contractors must give their workers 60 days' notice ahead of layoffs. with more than $50 million in automatic defense cuts hitting january 2, companies should start warning the employees before election day, but not so fast. ob